Stock message boards
Market News Video
MNV MNV Model Portfolios ChartZero

If the video does not load after a few moments, Upgrade to the Latest Flash Player.
MNV Backgroundemail friendsEmail Friendsembed / linkEmbed VideorssRSS Feed standaloneLaunch Standalone Player
Sponsored by: Try ValueForum, the premier value and income stock picking community. Learn about the $5.99 trial
QuoteVF is an awesome community of bright, serious, passionate
and involved individual investors.
more testimonials »

Sector Wrap: Industrial, Internet
Thursday, March 25, 4:25 PM ET

After struggling with Congressional leaders for months, President Obama finally had his health care reform bill brought before the House for a vote. And on Sunday night, the bill passed by a narrow margin of 219 - 212 without the support of any Republican Congressmen. While many news stations were expecting the markets to drop in response to the vote, investors surprised us all by sending the markets higher this week. The Dow has climbed 1.6%, the S&P 500 has shown gains of 1.3% and the tech-heavy Nasdaq has performed the best, up almost two percent. The only weakness in the markets came on Wednesday when Fitch lowered the debt rating on Portugal, causing the dollar to rally and commodities to slump.

One of the first corporate responses to the health care bill came from Deere (NYSE:DE) and Caterpillar (NYSE:CAT) this morning. Both companies believe the newly-enacted laws will take away from their bottom line as each company will be able to take fewer deductions. Deere sees about $150 million in new expenses stemming from the health care bill this year, while Caterpillar estimates it will incur approximately $100 million in expenses.

Despite the possibility of higher expenses going forward, the iShares Industrial ETF (AMEX:IYJ) was showing strength this week, climbing about 1.3% including today's modest gains.

And making global headlines this week was internet-search giant, Google (NASDAQ:GOOG). For the past few weeks, Google has been torn over how to handle the situation in China. The company's founders had vowed to "Do no evil" while running their company, but censorship policies in China have forced the company to bend its own rules for the last few years. As means of turning a profit in China and keeping its vow, Google began redirecting visitors to its Chinese language service in Hong Kong. Analysts at Goldman expect China to retaliate against Google which should bode well for shares of Baidu (NASDAQ:BIDU). Based on a report out Tuesday, Goldman believes Baidu could capture close to 75% of the Chinese market if Google is barred from the country.

Shares of the PowerShares Internet Portfolio (NASDAQ:PNQI) were trading higher despite the negative news surrounding Google, up more than 1.4% on the week including today's gains.

For, I'm Sayoko Murase.

Sector Wrap:  Industrial, Internet picture
Portfolio Channel
Free Dividend Report - Top Ranked Stocks
Thursday 4/17 Insider Buying Report: SHLD, OPKThursday 4/17 Insider Buying Report: SHLD, OPK
Related symbols: SHLD,OPK
Thursday 4/17 Insider Buying Report: RTThursday 4/17 Insider Buying Report: RT
Related symbols: RT
Wednesday 4/16 Insider Buying Report: NEONWednesday 4/16 Insider Buying Report: NEON
Related symbols: NEON,WEN
10 Bargains You Can Buy Cheaper Than Insiders Did
Top Ranked Dividend Stocks With Insider Buying
10 Stocks Crossing Below Book Value
10 Oversold Stocks You Need To Know About
10 Stocks Crossing Above Their 200 Day Moving Average
10 Stocks Crossing Below Their 200 Day Moving Average
The 10 Most Popular Large-Caps in ETFs
The Top 10 DividendRank'ed DJIA Components
S&P 500 Movers: WU, SNDKS&P 500 Movers: WU, SNDK
Related symbols: WU,SNDK
Nasdaq 100 Movers: GOOGL, SNDKNasdaq 100 Movers: GOOGL, SNDK
Related symbols: GOOGL,SNDK
Dow Movers: UNH, GEDow Movers: UNH, GE
Related symbols: UNH,GE
S&P 500 Analyst Moves: RHTS&P 500 Analyst Moves: RHT
Related symbols: RHT
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
Dow Analyst Moves: CATDow Analyst Moves: CAT
Related symbols: CAT
S&P 500 Analyst Moves: QCOMS&P 500 Analyst Moves: QCOM
Related symbols: QCOM
Thursday Sector Leaders: Communications Services, Agriculture & Farm ProductsThursday Sector Leaders: Communications Services, Agriculture & Farm Products
Related symbols: ETAK,CRCM,GRO,CRESY
Thursday Sector Laggards: Music & Electronics Stores, General Contractors & BuildersThursday Sector Laggards: Music & Electronics Stores, General Contractors & Builders
Related symbols: RSH,CONN,HXM,MHO
Wednesday Sector Leaders: Biotechnology, Rubber & PlasticsWednesday Sector Leaders: Biotechnology, Rubber & Plastics
Related symbols: APRI,IMGN,CXDC,KRA
Thursday's ETF with Unusual Volume: PXEThursday's ETF with Unusual Volume: PXE
Related symbols: PXE,SD,VLO,CRK
Thursday's ETF Movers: FCG, ITBThursday's ETF Movers: FCG, ITB
Related symbols: KWK,UPL,UFPI,MHO,ITB,FCG
RSX, EET: Big ETF OutflowsRSX, EET: Big ETF Outflows
Related symbols: RSX,EET,MBT,YNDX
Daily Dividend Report: MS, PPG, DFS, SLB, GSDaily Dividend Report: MS, PPG, DFS, SLB, GS
Related symbols: MS,PPG,DFS,SLB,GS
Daily Dividend Report: SHW, SWK, O, GT, SM, SPNDaily Dividend Report: SHW, SWK, O, GT, SM, SPN
Related symbols: SHW,SWK,O,GT,SM,SPN
Daily Dividend Report: CSX, NTRS, FRC, NGLS, BTEDaily Dividend Report: CSX, NTRS, FRC, NGLS, BTE
Related symbols: CSX,NTRS,FRC,NGLS,BTE
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: April 17, 2014Weekly Market Wrap: April 17, 2014
Related symbols: SHW,MS,GS,CSX
Weekly Market Wrap: April 11, 2014Weekly Market Wrap: April 11, 2014
Related symbols: WY,F,LEN
Weekly Market Wrap: April 4, 2014Weekly Market Wrap: April 4, 2014
Related symbols: TJX,PNC,IR,LINE,LNCO
Week Ahead Market Report: April 14, 2014Week Ahead Market Report: April 14, 2014
Related symbols: SCHW,KO,BAC,GS
Week Ahead Market Report: April 7, 2014Week Ahead Market Report: April 7, 2014
Related symbols: AA,BBBY,STZ,RAD,FAST
Week Ahead Market Report: March 31, 2014Week Ahead Market Report: March 31, 2014
Related symbols: APOL,MON,MU,KMX
All videos » |  Stock market definitions »
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use & Privacy Policy - Video Widget
Home  |  Analyst News  Dividend Report  Econonomic News  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV MNV Stock Market Definitions

Sector Wrap: Industrial, Internet | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.